May 12th, 2008, 10:37 AM
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#1 (permalink)
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Elite Member
Join Date: Oct 2007
Location: almost gone..
Posts: 10,282
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Michael Jackson Stops Neverland Sale
Michael Jackson has prevented a foreclosure sale on his Neverland Ranch after a loan on the property was sold to an investment firm.
The California estate was reportedly scheduled to be sold off on May 14th if Jackson failed to pay $24.5 million he owed in property taxes - but Colony Capital, a New York-based private equity group, stepped in to buy his loan.
A statement from Jackson says the star is in discussions with Colony and its founder Tom Barrack Jr. "with regard to the ranch and other matters". The company is reported to be "very comfortable" holding the loan while it negotiates payment terms.
Michael Jackson Stops Neverland Sale - Starpulse Entertainment News Blog
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May 12th, 2008, 10:38 AM
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#2 (permalink)
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Elite Member
Join Date: Oct 2005
Location: In WhoreLand fucking your MOM
Posts: 28,346
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why do people keep supporting this tool? if i owed millions, would some company step in and buy my loan for me, pretty please? I think not.
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May 12th, 2008, 10:44 AM
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#3 (permalink)
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Elite Member
Join Date: Oct 2005
Location: Canada
Posts: 9,217
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Quote:
Originally Posted by Grimmlok
why do people keep supporting this tool?
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I'm sure bychance will be along shortly with a nice long answer to your question.
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Dirty little secrets. Dirty little lies. We got our dirty little fingers in everybody's pie. We love to cut you down to size. We love dirty laundry. ~ Don Henley
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May 12th, 2008, 10:46 AM
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#4 (permalink)
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Elite Member
Join Date: Apr 2007
Posts: 14,369
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Quote:
Originally Posted by Grimmlok
why do people keep supporting this tool? if i owed millions, would some company step in and buy my loan for me, pretty please? I think not.
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If you were a star I am sure someone would; Average Joe, I doubt it.
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May 12th, 2008, 11:01 AM
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#5 (permalink)
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Elite Member
Join Date: Jun 2007
Location: Kansas City
Posts: 5,941
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Quote:
Originally Posted by aabbcc
I'm sure bychance will be along shortly with a nice long answer to your question. 
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Too bad she was banned, I miss her rants.
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"Helga, I'm sure your parents didn't just abandon you... They're probably just dead!"
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May 12th, 2008, 11:04 AM
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#6 (permalink)
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Elite Member
Join Date: Oct 2005
Location: In WhoreLand fucking your MOM
Posts: 28,346
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She's back, btw. temp ban.
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May 12th, 2008, 11:05 AM
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#7 (permalink)
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Elite Member
Join Date: Jun 2007
Location: Kansas City
Posts: 5,941
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Ohhh.
*braces self*
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"Helga, I'm sure your parents didn't just abandon you... They're probably just dead!"
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May 12th, 2008, 11:18 AM
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#8 (permalink)
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Elite Member
Join Date: Apr 2007
Posts: 14,369
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Why did she get banned?
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May 12th, 2008, 11:22 AM
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#9 (permalink)
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Elite Member
Join Date: Jun 2007
Location: Kansas City
Posts: 5,941
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^ Something about racism, New York cops, and Rodney King. I think it was mostly racism.
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"Helga, I'm sure your parents didn't just abandon you... They're probably just dead!"
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